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FOR: NORANDA INCOME FUND

Noranda Income Fund Annual General Meeting Voting Results

May 17, 2016 - 12:21 ET

SALABERRY-DE-VALLEYFIELD, QUÉBEC--(Marketwired - May 17, 2016) - Noranda Income Fund (the "Fund") (TSX:NIF.UN) announced today the voting results from its Annual General Meeting (the "AGM") of unitholders held this morning.

Based on the Fund's 49,989,975 issued and outstanding Units, the results of the vote for the election of trustees was as follows:

Class Nominee Votes
For
%
Proxy
Votes
Withheld
%
Proxy
Priority and Special Units Chris Eskdale 19,402,911 90.11 2,127,697 9.88
Yvan Jost 20,963,615 97.36 566,975 2.63
Anthony P.L. Lloyd 21,182,105 98.38 348,485 1.62
Jean Pierre Ouellet 21,069,201 97.85 461,389 2.15
François R. Roy 21,061,202 97.83 466,209 2.17
Barry Tissenbaum 21,057,919 97.80 472,671 2.20
Dirk Vollrath 20,933,195 97.22 597,395 2.77

Noranda Income Fund is an income trust whose units trade on the Toronto Stock Exchange under the symbol "NIF.UN". Noranda Income Fund owns the electrolytic zinc processing facility and ancillary assets (the "Processing Facility") located in Salaberry-de-Valleyfield, Québec. The Processing Facility is the second-largest zinc processing facility in North America and the largest zinc processing facility in eastern North America, where the majority of zinc customers are located. It produces refined zinc metal and various by-products from sourced zinc concentrates. The Processing Facility is operated and managed by Canadian Electrolytic Zinc Limited, a wholly-owned subsidiary of Glencore Canada Corporation.

Further information about Noranda Income Fund can be found at www.norandaincomefund.com.



FOR FURTHER INFORMATION PLEASE CONTACT:

Michael Boone
Vice President and Chief Financial Officer,
Canadian Electrolytic Zinc Limited
Noranda Income Fund's Manager
416-775-1561
info@norandaincomefund.com



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